Here's your summary from Jerome Powell, Tether and Peak Oil | Tom Luongo (https://www.youtube.com/watch?v=6l0BDBVcl1o) on the TFTC channel:

### TLDR:

Tether's market cap has surpassed $110 billion, indicating a significant demand for US Treasuries. Central banks are increasing their gold reserves, potentially signaling a shift in the financial system. The approval of Bitcoin ETFs may be part of a larger strategy to control and utilize Bitcoin as collateral.

### Key Points:

1. Tether's market cap has been steadily increasing, reaching over $110 billion, suggesting a consistent demand for US Treasuries.

2. Central banks are acquiring gold as a strategic asset, potentially indicating a shift in the financial system.

3. The approval of Bitcoin ETFs may be part of a larger plan to control and utilize Bitcoin as collateral in the financial markets.

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